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Thames Ventures VCT 2 (LSE:D467) PS Ratio : (As of May. 22, 2024)


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What is Thames Ventures VCT 2 PS Ratio?

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Thames Ventures VCT 2's share price is £0.14. Thames Ventures VCT 2's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2023 was £-0.13. Hence, Thames Ventures VCT 2's PS Ratio for today is .

The historical rank and industry rank for Thames Ventures VCT 2's PS Ratio or its related term are showing as below:

During the past 13 years, Thames Ventures VCT 2's highest PS Ratio was 51.25. The lowest was 1.50. And the median was 19.38.

LSE:D467's PS Ratio is not ranked *
in the Asset Management industry.
Industry Median: 8.75
* Ranked among companies with meaningful PS Ratio only.

Thames Ventures VCT 2's Revenue per Sharefor the six months ended in Sep. 2023 was £-0.06. Its Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2023 was £-0.13.

During the past 3 years, the average Revenue per Share Growth Rate was 21.50% per year.

During the past 13 years, Thames Ventures VCT 2's highest 3-Year average Revenue per Share Growth Rate was 89.00% per year. The lowest was -20.60% per year. And the median was 19.00% per year.

Back to Basics: PS Ratio


Thames Ventures VCT 2 PS Ratio Historical Data

The historical data trend for Thames Ventures VCT 2's PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Thames Ventures VCT 2 PS Ratio Chart

Thames Ventures VCT 2 Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 3.24 1.54 -

Thames Ventures VCT 2 Semi-Annual Data
Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 1.54 - - -

Competitive Comparison of Thames Ventures VCT 2's PS Ratio

For the Asset Management subindustry, Thames Ventures VCT 2's PS Ratio, along with its competitors' market caps and PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Thames Ventures VCT 2's PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Thames Ventures VCT 2's PS Ratio distribution charts can be found below:

* The bar in red indicates where Thames Ventures VCT 2's PS Ratio falls into.



Thames Ventures VCT 2 PS Ratio Calculation

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.

Thames Ventures VCT 2's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=0.14/-0.131
=

Thames Ventures VCT 2's Share Price of today is £0.14.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Thames Ventures VCT 2's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2023 was £-0.13.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.


Thames Ventures VCT 2  (LSE:D467) PS Ratio Explanation

The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.

When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.


Thames Ventures VCT 2 PS Ratio Related Terms

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Thames Ventures VCT 2 (LSE:D467) Business Description

Traded in Other Exchanges
N/A
Address
3 Lower Thames Street, 6th Floor, Saint Magnus House, London, GBR, EC3R 6HD
Thames Ventures VCT 2 PLC is a venture capital trust. Its investment objectives are to invest in a portfolio of Venture Capital Investments and Structured Products, reduce the risks normally associated with Venture Capital Investments, target an annual dividend of at least 5.00p per ordinary, B share and D Share, provide a full exit for shareholders in approximately six years at no discount to NAV, and maintain VCT status to enable shareholders to retain their 30.0% income tax relief on investment.

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